Share buyback programs
Archive
2022-2023
In February 2022, ASM announced the authorization of a new share buyback program of up to €100 million. The program started on April 27, 2023, and was completed on September 19, 2023. In total, we repurchased 264,503 shares at an average price of €378.07, under the 2023 program.
Weekly update share buyback:
In the week of September 18, 2023, we purchased 37,458 shares at an average of EUR 384.07. These transactions completed the 2023 share buyback program.
2021
We announced the program of €100 million on April 20, 2021. The program started on July 28, 2021, and was completed on December 17, 2021. In total, we repurchased 292,116 shares at an average price of €342.33.
2020-2021
On February 25, 2020, ASM announced the authorization of a new share buyback program for up to €100 million. The program started on June 2, 2020, and was completed on March 2, 2021. In total, we repurchased 646,180 shares at an average price of €154.76, under the 2020-2021 program.
This share buyback program was executed by a third party. ASM has the intention to reduce its capital by withdrawing the shares repurchased as part of the 2020-2021 share buyback program, save for such number of treasury shares as maybe necessary to fund ongoing share and option programs for employees and board members. The repurchase program is part of ASM's commitment to use excess cash for the benefit of its shareholders.
2019-2020
On July 23, 2019, ASM announced the authorization of a new share buyback program for up to €100 million. The 2019-2020 share buyback program started on November 1, 2019, and ended on February 17, 2020. In total, we repurchased 984,279 shares at an average price of €101.60, under the 2019-2020 program.
This share buyback program was executed by a third party. ASM has the intention to reduce its capital by withdrawing the shares repurchased as part of the 2019-2020 share buyback program, save for such number of treasury shares as maybe necessary to fund ongoing share and option programs for employees and board members. The repurchase program is part of ASM's commitment to use excess cash for the benefit of its shareholders.
2018
On June 5, 2018, ASM announced the start of a share buyback program of ASM’s common shares up to €250 million. This program followed on ASM’s announcement on February 28, 2018, that it intended to use €250 million of the proceeds of the partial sale of a stake of approximately 9% in ASMPT for a new share buyback program. The repurchase program is part of ASM's commitment to use excess cash for the benefit of its shareholders.
The 2018 program started on June 6, 2018, and ended on October 11, 2018. In total, we repurchased 5,443,888 shares at an average price of €45.92, including expenses, under the 2018 program. This share buyback program was executed by a third party.
ASM intended to reduce its capital by withdrawing the shares repurchased as part of the 2018 share buyback program, save for such number of treasury shares as maybe necessary to fund ongoing share and option programs for employees and board members. The withdrawal of 5 million treasury shares was approved by AGM 2019 and became effective on July 23, 2019.
2017-2018
On April 24, 2017, ASM announced that that the proceeds of approximately €248 million of the partial secondary placement of shares of ASMPT were intended to be used for a new share buyback program. On September 22, 2017, ASM announced the start of this share buyback program. ASM intended to reduce its capital by withdrawing the repurchased shares after having received the approval from its shareholders. The repurchase program is part of ASM's commitment to use excess cash for the benefit of its shareholders.
This share buyback program was executed by a third party. The 2017-2018 share buyback program started on September 22, 2017, and ended on March 29, 2018. In total, we repurchased 4,353,292 shares at an average price of €57.43, including expenses, under the 2017-2018 program.
2016-2017
On August 28, 2017 ASM completed its €100 million share buyback program 2016-2017.
On March 2, 2017, ASM announced that its Management Board authorized an increase in the 2016-2017 share buyback program to €100 million. On October 26, 2016, ASM announced a share buyback program to be executed within the 2016-2017 time frame. As part of this program, ASM will purchase shares which it intends to cancel upon repurchase. In addition, ASM will purchase, as part of this program, shares to cover employee stock and stock option plans.
The buyback program was realized through a program executed by intermediaries through on-exchange purchases or through off-exchange trades. The program started on December 13, 2016 and was completed on August 31, 2017. Under the 2016-2017 share buyback program we repurchased 1,997,522 shares at an average price of €50.06.
2015-2016
On November 11, 2016 ASM completed its €100 million share buyback program 2015-2016.
On October 28, 2015, ASM announced a share buyback program, to purchase up to an amount of €100 million of its own shares within the 2015-2016 time frame. The repurchase program is part of ASM's commitment to use excess cash for the benefit of its shareholders.
ASM intends to use part of the shares for commitments under employee share-based compensation schemes.
The buyback program was executed by intermediaries through on-exchange purchases or through off-exchange trades. ASM updated the markets on the progress of the buyback program on a weekly basis. The program started on November 26, 2015, and was completed on November 11, 2016. Under the 2015-2016 share buyback program we repurchased 2,772,729 shares at an average price of €35.98.
2014-2015
On May 20, 2015, ASM completed its €100 million share buyback program 2014-2015.
On October 29, 2014, ASM announced a share buyback program, to purchase up to an amount of €100 million of its own shares within the 2014 -2015 time frame. The repurchase program is part of ASM's commitment to use excess cash for the benefit of its shareholders.
ASM intends to use part of the shares for commitments under employee share-based compensation schemes.
The buyback program was executed by intermediaries through on-exchange purchases or through off-exchange trades. ASM updated the markets on the progress of the buyback program on a weekly basis. The program started on November 24, 2014, and was completed on May 20, 2015. Under the 2014-2015 share buyback program we repurchased 2,594,420 shares at an average price of €38.55.